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Monday, December 15, 2025

Maritime Blogs

Central News Agency reports that Taiwan's defence spending in 2026 will exceed 3% GDP.

Posted to Maritime Reporter on August 21, 2025

The official Central News Agency reported on Thursday that the Taiwanese cabinet planned to spend T$949.5billion ($31.27billion) in defence next year, which is 3.32% the gross domestic product. This will be the first time the government has exceeded the 3% threshold since 2009.

New Zealand will spend $1.6 Billion on US naval helicopters and Airbus jets

Posted to Maritime Reporter on August 20, 2025

New Zealand announced on Thursday that it will spend NZ$2.7bn ($1.6bn) to purchase five MH-60R Seahawk helicopters and two Airbus A321XLR planes, the first significant investment after a decision was made to replace the country’s aging defense fleet.

The US Navy has built a drone fleet in order to fight China. It's not working out.

Posted to Maritime Reporter on August 20, 2025

One of the top Pentagon drone boats stalled during a U.S. Navy test last month off the California coast. While officials were scrambling to fix a computer glitch, a drone vessel crashed into an idling boat on its starboard side. It then vaulted above the deck and crashed into the water.

The US Navy has built a drone fleet in order to fight China. It's not working out.

Posted to Maritime Reporter on August 20, 2025

One of the top Pentagon drone boats stalled during a U.S. Navy test last month off the California coast. While officials were scrambling to fix a computer glitch, a drone vessel crashed into an idling boat on its starboard side. It then vaulted above the deck and crashed into the water.

EU wheat prices rise with Chicago, but Black Sea concerns persist

Posted to Maritime Reporter on August 20, 2025

Euronext Wheat edged up Wednesday as benchmark futures recovered from a contract's low. Chicago prices rose, while doubts about Russian exports, and the rapid end of the war in Ukraine, tempered expectations for large supplies. At 1521 GMT the December wheat contract…

The US Navy has built a drone fleet in order to fight China. It's not working out.

Posted to Maritime Reporter on August 20, 2025

One of the top Pentagon drone boats stalled during a U.S. Navy test last month off the California coast. While officials were scrambling to fix a computer glitch, a drone vessel crashed into an idling boat on its starboard side. It then vaulted above the deck and crashed into the water.

Jordan Issues Tender to Buy Up to 120,000 Tons of Wheat

Posted to Maritime Reporter on August 20, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is 26 August. Traders had expected a new announcement after Jordan failed to purchase 120…

Egypt has agreed to purchase at least 200,000 tonnes of French wheat from the state buyer

Posted to Maritime Reporter on August 18, 2025

Future of Egypt, Egypt's state grain buyer, has announced that it has reached private agreements with French exporters to purchase at least 200,000 tons of French wheat, as well as several 30,000-ton loads of wheat from Ukraine, Romania and Ukraine.

Egypt has agreed to purchase at least 200,000 tonnes of French wheat from the state buyer

Posted to Maritime Reporter on August 18, 2025

Future of Egypt, Egypt's state grain buyer (Mostakbal Misr), has announced that it will buy at least 200,000 tons of French wheat through recent private agreements with exporters. It also plans to purchase several 30,000-ton cargoes of Ukrainian and Romanian wheat, the company said.

Brazil's Petrobras plans to increase production at three FPSOs

Posted to Maritime Reporter on August 18, 2025

Sylvia dos Anjos said that the Brazilian state-run Petrobras wants to increase production on three offshore floating production platforms it operates. Anjos stated that the production at the Almirante-Tamandare FPSO of the company in Buzios could be increased from 225…

Emergency agency: More than 40 people missing after boating accident in Nigeria

Posted to Maritime Reporter on August 17, 2025

The emergency agency in Nigeria reported that more than 40 people are missing after a boat carrying 50 passengers to a market in the northwest of Sokoto State capsized Sunday. The boat was carrying passengers to Goronyo Market, a well-known food market in the area, when it capsized.

SailGP Germany: Sailing-France wins in a thrilling thriller after beating rivals

Posted to Maritime Reporter on August 17, 2025

France won their first SailGP of the year on Sunday as Quentin Delapierre’s team took the Germany Sail Grand Prix, beating out a three-boat duel in the calm waters off Sassnitz. France held their composure in a thrilling finale, which came down to the last metres.

SailGP Germany: France wins over rivals

Posted to Maritime Reporter on August 17, 2025

France won their first SailGP of the year on Sunday as Quentin Delapierre’s team took the Germany Sail Grand Prix, beating out a three-boat duel in the calm waters off Sassnitz. France held their composure in a thrilling finale, which came down to the last metres.

NZ leads overall, Sailing-Australia is ahead of Germany SailGP

Posted to Maritime Reporter on August 16, 2025

The Bonds Flying Roos of Australia, who won the first Germany Sail Grand Prix on Saturday, ended the day with a lead of eight points over New Zealand. Australia overcame a penalty at the start of the second race, and Tom Slingsby’s crew came back to finish in third place.

Brazil is out of the Germany Sail Grand Prix following a high-speed crash during practice

Posted to Maritime Reporter on August 15, 2025

Brazil won't be competing in this weekend's Germany Sail Grand Prix after its F50 foiling catamaran was damaged during Friday practice, while France is racing against the clock to repair their F50 following both vessels colliding in Sassnitz.

Chevron's first two Venezuelan oil cargoes after obtaining a license are now on their way to the US

Posted to Maritime Reporter on August 15, 2025

Data from vessel monitoring showed that the first two cargoes, of Venezuelan crude oil, exported by the energy giant Chevron following its renewed authorization to operate in Venezuela last month had departed for the United States. Chevron was granted a new license by the U.S.

China accuses Philippine ships of 'dangerous maneuvers' after its own vessels collided

Posted to Maritime Reporter on August 15, 2025

China's Defence Ministry accused Philippine Coast Guard vessels of "dangerous maneuvers" on Friday in response to reports that two Chinese vessels collided earlier this week near Scarborough Shoal, in the disputed South China Sea. Jiang did…

Surging Dream and sinking Storm make their way to Vancouver for the first time in WNBA history

Posted to Maritime Reporter on August 14, 2025

The Atlanta Dream, playing in the first regular season game of the WNBA outside the United States on Friday, will attempt to worsen the situation for the Seattle Storm, who are in a shambles. This will be the fifth international game the league has played…

Pakistan purchases additional 50,000 tonnes of sugar through tender, traders claim

Posted to Maritime Reporter on August 14, 2025

European traders reported on Thursday that Pakistan's TCP, the state-owned trading agency, has bought another 50,000 metric tonnes of white sugar as part of an international tender for around 100,000 tons that closed this week. The total amount of the week's purchases has now reached 105…

CPC Blend exports to drop in September, traders claim

Posted to Maritime Reporter on August 14, 2025

Three trade sources have told us that Black Sea CPC blend crude oil exports in September will be just shy of 1.6m barrels a day. This is a significant drop from the 1.66 million bpd that was scheduled to be loaded in August. Two sources confirmed…